Wabash National Corporation (WNC)

The days of inventory on hand (DOH) for Wabash National Corp. have exhibited fluctuations over the past five years. The trend indicates an increase in the DOH from 33.90 days as of December 31, 2019, to 53.98 days as of December 31, 2021. This surge was followed by a decrease to 40.84 days as of December 31, 2022, only to increase again to 47.93 days by December 31, 2023.

The DOH metric reflects the number of days a company holds inventory before it is sold, with a higher number suggesting slower inventory turnover. The increase in DOH can imply a potential buildup of excess inventory or slowing sales, while a decrease may indicate more efficient inventory management or higher sales volume. It is essential for Wabash National Corp. to closely monitor and manage its inventory levels to optimize working capital and ensure profitability. Further analysis of the company's operational efficiency and inventory management practices would provide deeper insights into the factors driving these fluctuations in the days of inventory on hand.